Danish Power Ltd
Founded in July 1985, Danish Power Limited manufactures various types of transformers, including inverter duty transformers for use in renewable power projects such as solar power plants and wind farms. [1]
- Market Cap ₹ 1,979 Cr.
- Current Price ₹ 1,005
- High / Low ₹ 1,316 / 542
- Stock P/E 33.9
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 40.5 %
- ROE 29.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 101% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 59.7 to 80.8 days.
- Working capital days have increased from 61.8 days to 100 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 118 | 102 | 118 | 148 | 188 | 332 | 425 | |
| 110 | 98 | 113 | 138 | 172 | 276 | 344 | |
| Operating Profit | 8 | 4 | 4 | 11 | 16 | 56 | 81 |
| OPM % | 7% | 4% | 4% | 7% | 9% | 17% | 19% |
| 2 | 1 | 1 | 1 | 1 | 2 | 8 | |
| Interest | 3 | 2 | 2 | 3 | 3 | 4 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 | 4 |
| Profit before tax | 6 | 2 | 3 | 7 | 12 | 51 | 79 |
| Tax % | 30% | 23% | 25% | 28% | 27% | 26% | 26% |
| 4 | 2 | 2 | 5 | 9 | 38 | 58 | |
| EPS in Rs | 29.63 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 42% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 101% |
| 3 Years: | 123% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 34% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 20 |
| Reserves | 25 | 27 | 29 | 34 | 42 | 81 | 301 |
| 16 | 11 | 23 | 28 | 14 | 10 | 4 | |
| 30 | 25 | 26 | 53 | 50 | 68 | 91 | |
| Total Liabilities | 73 | 65 | 79 | 116 | 108 | 160 | 416 |
| 7 | 7 | 17 | 16 | 30 | 35 | 34 | |
| CWIP | 0 | 0 | 0 | 7 | 1 | 0 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 31 |
| 66 | 58 | 63 | 94 | 77 | 124 | 339 | |
| Total Assets | 73 | 65 | 79 | 116 | 108 | 160 | 416 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -32 | 4 | 2 | 6 | 17 | 26 | -20 | |
| 0 | -1 | -10 | -8 | -11 | -18 | -40 | |
| -3 | -3 | 6 | 2 | -6 | -8 | 165 | |
| Net Cash Flow | -35 | -0 | -1 | -0 | -0 | 0 | 105 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 77 | 106 | 130 | 52 | 47 | 81 |
| Inventory Days | 93 | 111 | 68 | 92 | 91 | 73 | 108 |
| Days Payable | 98 | 92 | 79 | 121 | 83 | 44 | 46 |
| Cash Conversion Cycle | 91 | 96 | 96 | 100 | 60 | 75 | 142 |
| Working Capital Days | 93 | 95 | 98 | 89 | 41 | 44 | 100 |
| ROCE % | 10% | 9% | 18% | 25% | 73% | 41% |
Documents
Announcements
-
Monitoring Agency Report
15 May 2025 - Monitoring Agency confirms IPO proceeds of Rs.198 Cr used as per prospectus with minor delays, no deviations.
- Related Party Transactions 9 May 2025
-
Integrated Filing- Financial
9 May 2025 - Danish Power reports FY25 audited results; revenue Rs 432.5 Cr, profit Rs 78.6 Cr, IPO raised Rs 197.9 Cr.
-
Outcome of Board Meeting
9 May 2025 - Danish Power reports FY25 audited results: Rs 7,860L profit, Rs 43,253L revenue, successful Oct 2024 IPO.
-
Outcome of Board Meeting
9 May 2025 - Danish Power reports FY25 audited results; revenue Rs 432.53 Cr, profit Rs 58.34 Cr, IPO proceeds Rs 197.90 Cr.
Annual reports
No data available.
Business Profile[1]
Danish Power Limited specializes in manufacturing power and distribution transformers. The company serves industries including renewable energy, commercial power plants, and utilities.